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The problem being that they don't get an equity stake in anything in return. There's no upside potential.
by Fomite 12y ago
The problem being that they don't get an equity stake in anything in return. There's no upside potential.
- hga 12y agoThe upside is continuity of operations. The ability of your lab to continue doing work is no small thing. Also, I'm pretty sure it's assumed that's structured as a loan.
- Fomite 12y agoI meant a financial upside, in contrast to entrepreneurs. And it's definitely not structured as a loan. You forego your summer salary, its gone. All you've done is chosen not to pay yourself.
- deleted 12y ago[deleted]